Securities law and the First Amendment intersect in a U.S. Supreme Court appeal with important ramifications for financial newsletter publishers in particular, and for anyone who makes statements about a public company which investors may rely upon in deciding whether to buy or sell its securities.
Journalism organizations, such as Reporters Committee for Freedom of the Press, and financial news publishers, such as InvestorPlace Media, already have weighed in supporting the petition for review in Pirate Investor LLC v. U.S. Securities and Exchange Commission.
